Aditya Birla to Raise Funds for Acquisition

By

Bijou George

Feb. 8, 2011 5:35 a.m. ET

MUMBAI -- Diversified Indian conglomerate Aditya Birla Group is likely to raise $825 million through overseas loans to fund its acquisition of U.S.-based Columbian Chemicals Co., three people familiar with the matter said Thursday.

Earlier this week, the group entered into a definitive agreement to acquire Columbian Chemicals for $875...